International Aerospace Enterprises, Inc.(fka IARO)

[pennies_101]

10Q looks good! They are reducing their debt/liabilties at a good rate, number of outstanding shares is at 97m which is unheard of, and they have a strong forecast (and not just from LifeStem).

Revenues are pretty much what I expected. They only had 45 days to generate funds from LifeStem and that was with hardly any public awareness.

Their forecast is very interesting... they say they are "conservatively" projecting $3.9m the first year and $26.2m the second year. Gotta like the part about 4000 medspas opening in the next four years and the national marketing campaign that's going to be starting very soon.

Management is executing the plan very well. It looks to me as if things are falling into place and we should benefit very soon... it's just a matter of when. It's the right time, the right business (LifeStem) and the right sector. GLTA.